Donald Trump wrapped up the Republican nomination this week after Ted Cruz and John Kasich suspended their campaigns following the Indiana primary. Unfortunately, he also backtracked on some of his previous criticisms of the Fed’s low interest rate policy. Meanwhile, Peter Klein notes that the New York Times was guilty of “preposterous” speculation while criticizing some of Trump’s recent comments on restructuring US debt. Outside of the US, Ferghane Azihari and Brendan Brown consider the consequences of Brexit, Joseph Salerno looks at crime and the elimination of the 500-pound Euro note, and Ryan McMaken highlights central banks across the world are moving toward zero interest rates.
Jim Rickards joins Jeff Deist for the next episode of Mises Weekends to discuss his latest book The New Case for Gold. In this wide-ranging interview, Jim talks about gold in the context of current geopolitics, enduring myths about monetary growth, the threat of a cyber-attack on Wall Street and even discusses a recent bet he made on American politics.
And in case you missed any of them, here are the articles featured this week on the Mises Wire:
- Celebrating 30 Years of Mises University by Llewellyn H. Rockwell Jr.
- The US Median Income Is Falling by Ryan McMaken
- Why Government Hates Gold by Murray N. Rothbard
- How Brexit Could Help All of Europe by Ferghane Azihari
- Progressives, Left and Right by Jeff Deist
- Keynes’s Critique of Econometrics Is Surprisingly Good by Karl-Friedrich Israel
- Is Trump a Bigger Threat to Wall Street than Sanders? by Tho Bishop
- Amazon = $3 Trillion? by Mark Thornton
- How Taxation Kills Entrepreneurship by Ludwig von Mises
- Gross Calls for Helicopter Money by Mark Thornton
- How Brexit Presents a Roadblock to the EU-US Establishment by Brendan Brown
- Freedom Isn’t Free: It Costs the Taxpayers $700 Billion Per Year by Ryan McMaken
- More Economic Data Leaking to Markets by Paul-Martin Foss
- Drafting Women Means Equality in Slavery by Ron Paul
- Asset Forfeiture and the Income Tax by Tate Fegley
- Donald Trump Endorses Low Interest Rates, Earns Praise From The New York Times by Tho Bishop
- Restructuring the National Debt by Peter G. Klein
- How You Don’t Cure Poverty by Henry Hazlitt
- Free Markets Do Not Need Negative Interest Rates by Louis Rouanet
- Growth Trends Measured by GDP and Gross Output by Frank Shostak
- Abolishing the 500-Euro Note: Fighting or Facilitating Crime? by Joseph Salerno
- Newman, Salerno Join the Tom Woods Show
- Why Aren’t Female Soccer Players Paid More? by Ryan McMaken
- Central Bank Roundup: More Rates Moving Toward Zero by Ryan McMaken